34.04522 -118.25047

601 S Main Street Los Angeles, CA 90014

221651975 34.04522 -118.25047 120 /listing/221651975-150156416/601-s-main-street-los-angeles-ca-90014 False 0 60000000 25592 105 SR18248878 False
  • $60,000,000
  • 25,592 sqft
  • 25,592 lot
  • Est payment $322092.97/mo

Property & Neighborhood Info

Courtesy Of Rommy Shy, 01874848, Rommy Shy

Multi-Family in Los Angeles

The SB Omega is a fully entitled project on the southwest corner of 6th and Main St. in the heart of the Historic Core of Downtown LA. Currently the site of Joe's Parking, this approved project will encompass 4 parcels and stand 390 ft. tall to include 38 stories above grade and 452 dwelling units. Upon completion, the building will be the tallest structure in the Historic Core and one of the tallest in Downtown Los Angeles.Land is currently used as a parking lot but has all entitlements and plans for a high-rise condominium building consisting of 458,308 residential sq.ft, 24,368 retail sq. ft. and 858 parking spaces.Seller is looking for a joint venture opportunity with an experienced contractor who must bring a $10,000,000 down payment to the partnership. Partner must acknowledge that the sale of the project will gross over $400 million and that construction costs will not exceed $160 million.

Courtesy Of Rommy Shy, 01874848, Rommy Shy
  1. 25,592 Sq. Ft.
  2. 25,592 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1981
  • Garage: 858.0
  • County: Los Angeles
  • Units: 452
  • Zoning: LAC2
  • MLS Number:SR18248878

Additional Features

  • Laundry:
    • Common Area
  • Common Walls:
    • No Common Walls
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 0-1 Unit/Acre
  • Pool Features:
    • Private
  • Parking Spaces:
    • 858.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Urban
  • Number of Buildings:
    • 1
  • Gross Income:
    • 4360000.00
  • Net Operating Income:
    • 0.00
  • CDOM:
    • 312
  • Association Fees:
    • 0.00
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 0.00
  • Insurance Expense:
    • 0.00
  • Listing Agent License Number:
    • 01874848
  • Lot Size Acres:
    • 0.5875
  • Lot Size Area:
    • 25592.0000
  • Lot Size Square Feet:
    • 25592.00
  • Operating Expense:
    • 0.00
  • Price Per SQFT:
    • 2344.48
  • Tax ID:
    • 5144001010
  • Total Expenses:
    • 0.00
Neighborhood info courtesy of Homes.com © 2019

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Dee Smith
Dee Smith
President
2440 N. Glassell St. # A Orange CA 92865
34.04522 -118.25047

601 S Main Street Los Angeles, CA 90014

221651975 34.04522 -118.25047 120 /listing/221651975-150156416/601-s-main-street-los-angeles-ca-90014 False 0 60000000 25592 105 SR18248878 False
  • $60,000,000
  • 25,592 sqft
  • 25,592 lot
  • Est payment $322092.97/mo